Is Oxford, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oxford is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Oxford was a Seller's Market.

Key Takeaway

Oxford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Oxford, NC

How much do homes in Oxford, NC cost?

Median Sold Price

$286,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$13,900(-4.6%)

Key Takeaway

Homes in Oxford have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Oxford was $286,000 in December 2024, down 4.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $50K-
N/A
2 $169K$197.2K
+16.7%
3 $280K$281.5K
0.5%
4 $417.7K$326K
-22.0%
5+ $375K$424.9K
+13.3%

Summary: Oxford housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 22%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Cities

Oxford
-4.6%
Oxford Township
-4.6%
Fishing Creek Township
-5.5%

Housing Supply in Oxford, NC

How many homes are available in Oxford, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
61610.0%

Summary: The Oxford real estate market had 61 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1110
-9.1%
3 3433
-2.9%
4 1214
+16.7%
5+ 33
0.0%

Summary: The Oxford housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
89+12.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oxford, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Oxford in December 2024, up by 12.5% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for Oxford, NC

How long does it take to sell a home in Oxford, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
57 Days18 Days-67.3%

Summary: Homes in Oxford had an average of 18 days on market in Dec 2024, down by 67.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oxford are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 9 homes were sold in Oxford; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Oxford, NC

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